120k a year isn’t enough

#626
#626
SpaceCoastVol said:
Lol. It's because of the club they are in. The vast majority of CEOs aren't anything exceptional. Sure there are a few, but overall...nah.

Oh and GS sucks right now.
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The club there in selects the board? The board selects the CEO. The board sets executive comp and bonuses. Who elects the board?
 
#627
#627
turbovol said:
Most wage workers in America are grossly underpaid--and of course, that was the reason unions were first started, terrible pay along with long hours, little vacation, no benefits, dangerous jobs, etc. American companies have a rich history of not wanting to pay people. The Wal-Mart Waltons are became billionaires on the backs of employees making little money and lousy benefits. All retail employees are underpaid; management would rather deal with high turnover than pay more to keep employees, and they can dumb the endless hiring and paperwork that goes with it on lower- and middle-managers.

And we all know why a lot of multinationals have opened plants in the South.
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You do a good job of posting so much nonsense that it’s nearly impossible to respond to all of it.

Walmart is well known for supporting minimum wage hikes. For one simple reason, it harms their competition. Large American companies have a rich history of wanting to increase pay, as long as it’s done on a national level, to limit their own competition.

It’s absolutely laughable that you think it’s bad that companies are bringing jobs to the south.

The idea that everyone working in retail is “underpaid” is hilarious and laughable too. If they’re all “underpaid” wouldn’t they just take a job somewhere else? And if no one is offering them a penny more, how can the problem be Walmart that’s offered them their best opportunity? This is liberal elitist nonsense at its best.
 
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#632
#632
volfanhill said:
72% of UPS stock is owned by institutional investors like Vanguard. These funds are peoples, and unions, investment vehicle for their 401k's for retirement. What do you have against teachers retiring financially well off?
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There are several posters around VN who seem to despise teachers and resent their retirement benefits.
 
#634
#634
clarksvol00 said:
There are several posters around VN who seem to despise teachers and resent their retirement benefits.
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I have no problem with teachers. Despise teachers unions for the nonsense they perpetuated around the country during Covid. I can respect pay me more. I don't respect "we are so scared." I don't despise anyone trying to retire.
 
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#635
#635
volfanhill said:
I have no problem with teachers. Despise teachers unions for the nonsense they perpetuated around the country during Covid. I can respect pay me more. I don't respect "we are so scared." I don't despise anyone trying to retire.
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You can have that opinion. Some of our frothing at the mouth while watching Tucky-poo friends cant understand the nuance. You might be surprised to learn how little influence teachers unions have in a lot of states.
 
#640
#640
volfanhill said:
Let me repeat. 72% of UPS is owned by institutional investors. Not board members. The remaining 28% is not owned by the board. They own some. But nothing where they can run rough shod
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Vanguard is the biggest owner of traded class B stock at just under 9%, most UPS is class A and not traded.
 
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#645
#645
Orangeburst said:
i still havent grasped what AI is or than advanced algorthim
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It will be a thinking for itself computer. It may not be there yet. But that is what AI means, something that can process on its own. In this case AI will be able to replace pretty much every office job pretty easily, as well as most manufacturing or service jobs. Theoretically a true AI would be able to do everything a human could do. As I said above, its not there yet, but its definitely coming.

I think unfortunately whats going to happen at first is that the powerful will "own" the AI, and be able to replace the workers.
 
#647
#647
LouderVol said:
It will be a thinking for itself computer. It may not be there yet. But that is what AI means, something that can process on its own. In this case AI will be able to replace pretty much every office job pretty easily, as well as most manufacturing or service jobs. Theoretically a true AI would be able to do everything a human could do. As I said above, its not there yet, but its definitely coming.

I think unfortunately whats going to happen at first is that the powerful will "own" the AI, and be able to replace the workers.
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I think AI is the biggest long term threat we face. The people who are worried about lizard people space lasers, gay western death cults, and nazi rocket scientists should be thinking about AI instead.
 
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